Naturgy Energy Group S A (GASNF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and thank you for joining Naturgi's first half 2026 results presentation. I hope you're well. This is Abel Arbat speaking from the capital markets team at Naturgi. Presenting today are our executive chairman, Francisco Reynés, the general counsel to the board, Manuel Garcia Cobaleda, the global head of financial markets and corporate development, Mr. Steven Fernández, and the Global Head of Control and Energy Planning, Ms. Rita Ruiz de Alda. As usual, we will run through the presentation first and then open the floor to questions. Before we get into it, there is a small change in how we manage the Q&A session. From today, we will have the opportunity to ask live questions through the conference call We also maintain the possibility to submit the questions in written form if you prefer. A reminder that the questions should be done by equity analysts and investors. So at the end of the presentation, the operator will remind you of the mechanics to ask your questions live via the conference call. So with that, I will hand it over to our executive chairman, Francisco Reynés. Hello, good morning, everyone. Thank you for taking the time to join us. And it's a pleasure to address to all of you today on this first half results presentation for year 2026. Before going into numbers, I would like to spend a few minutes on strategic positioning, because as you may think, the year 2026... After this first part, we will then move to financials, first global and second business performance. And as a last part, we will look... on the year and the half year ahead, 2026, and talk about how we are seeing the guidance for this year. Therefore, if you allow me to ask you to move to page number four. Page number four, key messages of that page has to do about the r...